New Verge (XVG) XMAS Morning Target up 245% to $0.529
Updated
Based on the last rally and utilizing mostly fib retracement to estimate a buy location (without signals), I'm seeing we'll enter a buy area within the next couple hours while creating a bullish flag or pennant (more likely a flag), then we should begin the rally into a Christmas morning surprise completing at $0.529 or nearly half way to Ripple's value.
Ripple is also going to be pushing 325% soon, so be ready for that as it keeps ahead of Verge for the time being. But that may not last forever. It's possible Verge may overtake Ripples position, unless Coinbase adds Ripple (likely) and/or there is more good news from the Ripple camp during the end of the year and into next year (again, likely).
My ripple projections show that we'll go through a couple rallies and retracements with a target around $4.20 for XRP and it's possible that XVG may hit $2.00 within the next couple weeks as it has been maintaining 300% rallies pretty regularly.
Ripple is also going to be pushing 325% soon, so be ready for that as it keeps ahead of Verge for the time being. But that may not last forever. It's possible Verge may overtake Ripples position, unless Coinbase adds Ripple (likely) and/or there is more good news from the Ripple camp during the end of the year and into next year (again, likely).
My ripple projections show that we'll go through a couple rallies and retracements with a target around $4.20 for XRP and it's possible that XVG may hit $2.00 within the next couple weeks as it has been maintaining 300% rallies pretty regularly.
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I see a higher target of $0.80 on another +245% bullish flag as shown here. We've been forming this flag for a couple days now. Bitcoin rally will probably kick off an XVG and XRP rally.Note
Ouch.. almost ready to break downward. But I still think it's worth HODL'ing as it's just a wider flag. I've modified my drawing by using the tips of the candles at the bottom. The angle is still the same as it was using the bottoms of the candles in the last flag drawing, so I believe this may still work out.Keep an eye on SC (Sia Coin). It seems to be pretty stable.
Note
High risk, high reward.. remember that. If you're in for 200% gains in 48 hours, you are in a high risk environment.The only way to win in a high risk environment, is to lose a couple in the mean time.
Trade closed: stop reached
I'm out!Note
Maybe I should buy back in. I just noticed the last rally happened after we crashed through the 2 hour ichimoku resistance area. See yellow circles. Could be a signal.Note
XVG is about to rally.. +245% incoming to $0.80I'm going back in! Also heavy into XRP as Ripple is very near it's rally and I have a fear of missing out (FOMO).
The drop on Christmas can be attributed to this hoax.
theripplecryptocurrency.com/verge-hoax-investors-lose-millions/
Trade closed manually
I see XVG just moving sideways between my positions, no upward movement, slight downward, so I'm out until I see movement. Focused on XRP at the moment and waiting for tonights pumps of BTC which should drive XRP.
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